STRC is a way to store money that could be needed in the short term without the volatility. You basically give up the volatility to earn 11% interest. There’s value in that even for Bitcoin maximalists
Discussion
Fair enough, but why call it digital money, if it’s a Bitcoin-backed money market fund.
I dont think he does. He calls it digital credit. And he wants somebody else to use that product to create digital money which would be a stable coin built on top of it. That’s how I understand his terminology anyway